A primer on spousal IRAs

Whether you’re a stay-at-home parent or taking some time off work, saving for retirement shouldn’t go by the wayside. In many cases, individuals aren’t aware they’re able to save for retirement when they don’t have earned income. Contributing to an IRA or Roth IRA is a viable option, and a…

Charlie’s month-end reading list

Setting aside some time to scan the latest happenings in the financial realm makes for a good New Year’s resolution! Here are some interesting articles circulating at Fort Pitt: The first piece, “The EPA will likely conclude fracking doesn’t affect drinking water” by reporter Merrill Matthews at The Hill highlights…

Charlie’s month-end reading list

Hello, Ramparts readers. We’ve gathered another batch of articles that we’re excited to share. Enjoy! The first piece by Mary Beth Franklin of InvestmentNews, entitled “Social Security’s negative returns,” reveals that payroll tax contributions exceed lifetime benefits for many U.S. workers. While confirming that Social Security is a bad financial…

IRS “Dirty Dozen” tax scams for 2015

Each year the IRS completes a list of "Dirty Dozen" tax scams alerting consumers to the latest tricks and schemes by fraudsters. This year’s list is comprehensive and phone and email scams continue to be unfortunate trends. We read through the complete list, available here, and summarized the most important…